TEC seeks LNG projects

TEC seeks LNG projects

TOKYO (Reuter): Toyo Engineering Corp (TEC) said yesterday it
would submit bids to Mobil Corp to build processing plants in
Indonesia for liquefied natural gas (LNG) projects.

The projected plants, to be built on northern Sumatra and
Madura, would remove carbon dioxide and sulfur from natural gas
before it is sent to liquefication plants, a TEC spokesman said.

TEC plans to submit its bids in August or September, and Mobil
is expected to award the contracts by the end of this year, he
said.

He said TEC regards its participation in the tenders as a step
towards breaking into the LNG plant construction business, which
has mostly been dominated by only a few engineering firms,
including Japan's Chiyoda Corp and JGC Corp.